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Journal Entries

With our blog we aim to provide insight on a range of topics related to accounting and finance. These posts are in no way intended to act as advice, but to merely highlight information that would likely be of interest to our current and prospective clients.

- Journal Entries-

THAT FACE YOU MAKE WHEN THE GOVERNMENT PASSES A TAX ON GROSS INCOME.

Our clients have been asking about the new “Gross Income Tax” that Oregon passed this year. What is it? When does it go into effect? How much is it? Do I have to pay it? We’ve made an attempt to answer some of those questions below. Note 12/12/19: Additional information has been made available since […]

That looks like more work.

OregonSaves is a program that all Oregon employers need to be aware of. Per the plan website oregonsaves.com, “Oregon employers are required to facilitate OregonSaves if they don’t offer an employer-sponsored retirement plan.” The deadline to register or certify your exemption from the plan depends on the number employees a business has. If you are […]

I thought I was supposed to get more money back this year?!

If you end up with a result on your tax return that doesn’t match with what you expected, the question that you need to ask is WHY. The answer will often involve several factors, and your specific situation will determine what factors were relevant. We will often have a CPA immediately available that can walk […]